Permian Resources CEO Sells Over $16.5 Million in Stock Near 52-Week High
PR sits 88% above its 52-week low of $10.01.
Summary
William M III Hickey, Co-Chief Executive Officer and Director of Permian Resources, sold over $16.5 million worth of company stock in an open market transaction, following a prior intent to sell.
Key Events · Ownership and Investor Activity · PR
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CEO Sells Significant Stake
William M III Hickey, Co-Chief Executive Officer and Director, disposed of 898,423 shares in an open market transaction.
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Over $16.5 Million in Proceeds
The sale generated approximately $16,512,835 at a weighted average price of $18.38 per share.
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Follows Prior Intent to Sell
This transaction follows a Form 144 filing on March 4, 2026, which indicated the insider's intent to sell.
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Stock Trading Near 52-Week High
The sale occurred while Permian Resources' stock is trading near its 52-week high of $19.38.
Analysis · PR · Energy & Transportation
This Form 4 reports a significant open market sale by William M III Hickey, the Co-Chief Executive Officer and a Director of Permian Resources. The sale of over $16.5 million in shares, following a Form 144 filing yesterday indicating intent to sell, represents a notable reduction in his direct holdings. This transaction occurs as the company's stock trades near its 52-week high, which could be interpreted by investors as the CEO locking in gains. While the company recently reported strong Q4 and full-year 2025 results and a boosted dividend, a substantial insider sale by a top executive can still be viewed as a signal of reduced conviction.
How filings like this one have moved
In the 30 days to Sep 20, 2026, 35% of the 1044 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.44%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PR was trading at $18.81 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $16.9B. The 52-week trading range was $10.01 to $19.38. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.